California city to experiment with 'universal basic income'

WND ^ | 2/4/18 | WND

[Cheerio]

Residents to get $500 a month, no questions asked, as starting point

The mayor of Stockton, California, is leading an experiment with “universal basic income,” which is set to start by giving low-income residents $500 a month, no questions asked.

Mayor Michael Tubbs calls his city “ground zero” for issues like wage stagnation, rising housing prices and loss of middle-class jobs that affect the nation.

The Central Valley city went bankrupt in 2012, and for decades it has been trying to diversify its agriculture-based economy.

“I feel that as mayor it’s my responsibility to do all I could to begin figuring out what’s the best way to make sure that folks in our community have a real economic floor,” Tubbs said.

[GOPJ]

It’s NOT “universal basic income” if only the poor get the money... When it’s only ‘the poor’ it’s called welfare.

[packrat35]

Or a pawn shop.

[Chode]

will this come out of CITY taxes or STATE taxes, cause i thought Stockton was broke!